š Iām bullish on ON
Itās currently at $0.106, with a market cap of just $20 millionāa true small-cap.
Why am I bullish? Simply put, a few reasons:
⢠It slid steadily from $0.45 to $0.06, down 76%. It looked like it couldnāt fall much further, and after basing out, itās nearly doubled.
⢠A small market cap is a plus: even a little buying volume can spark a big green candle, giving it plenty of upside potential.
⢠Daily trading volume is under $1 million, with 4.7% turnover. Itās an active coin, not a dead one.
⢠Itās riding the data infrastructure narrative, and thereās still plenty of runway for that story.
How to play it: accumulate slowly in batches. If it breaks below the previous low, admit defeat and get out. First target: the previous high of $0.45.
ā ļø Letās get the disclaimer out of the way: only 20% of the supply is circulating, so donāt blame me if future unlocks trigger a sell-offāI warned you. Small-cap coins are a wild ride, so donāt get carried away with your position size. This is not investment advice. What do you all think? See you in the comments š
#on
Itās currently at $0.106, with a market cap of just $20 millionāa true small-cap.
Why am I bullish? Simply put, a few reasons:
⢠It slid steadily from $0.45 to $0.06, down 76%. It looked like it couldnāt fall much further, and after basing out, itās nearly doubled.
⢠A small market cap is a plus: even a little buying volume can spark a big green candle, giving it plenty of upside potential.
⢠Daily trading volume is under $1 million, with 4.7% turnover. Itās an active coin, not a dead one.
⢠Itās riding the data infrastructure narrative, and thereās still plenty of runway for that story.
How to play it: accumulate slowly in batches. If it breaks below the previous low, admit defeat and get out. First target: the previous high of $0.45.
ā ļø Letās get the disclaimer out of the way: only 20% of the supply is circulating, so donāt blame me if future unlocks trigger a sell-offāI warned you. Small-cap coins are a wild ride, so donāt get carried away with your position size. This is not investment advice. What do you all think? See you in the comments š
#on